07 : Notification: 7 Date of Issue: 20/01/2005
Notification No.
07
Notification Date
20/01/2005
Upload Date
20/01/2005
Notification No. 7/2005, Dated 20-1-2005
S.O. 68(E).—In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of Section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the following Taxfree bonds issued by M/s. North Eastern Electric Power Corporation Ltd. (NEEPCO), Shillong during the financial year 2001-2002 and 2002-2003, for the purpose of the said item :—
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Nomeenclature of the Bonds
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Issue amount (Rupees crores)
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Face value of each bond (Rupees Lakh)
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Interest rate
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Maturity period
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Distinctive numbers
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9.00% Secured Non-Convertible Redeemable Taxfree Bonds 2001 -02 (VII Issue)
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15.00
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10
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9.00% per annum
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10 years
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H 0000001 to
H 0000150
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9 85% Secured Non-Convertible Redeemable Taxfree Bonds 2001-02 (VII Issue)
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18.30
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5
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9.85% per annum
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10 years
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I 0000001 to
H 0000366
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7.90% Secured Non-Convertible Redeemable Taxfree Bonds 2002-03 (VIII Issue)
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95.00
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10
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7.90% per annum
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7 years
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J 0000001 to
J 0000950
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Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his/her name and the holding with the said Corporation.
[F. No. 178/13/2003-ITA. I]